§ 10500. — 10500. (Amended by Stats. 1993, Ch. 416, Sec. 15.)

California § 10500.

• Jurisdiction: California
• Code BPC: Business and Professions Code - BPC
• Div. 4.: DIVISION 4. REAL ESTATE
• Part 1.: PART 1. LICENSING OF PERSONS
• Ch. 7.: CHAPTER 7. Mineral, Oil and Gas Brokerage
• Art. 1.: ARTICLE 1. Scope of Regulation

Text

Except as otherwise provided in Section 10131.4 and this chapter, it is unlawful for any person to engage in any of the following acts for another or others for compensation or in expectation of compensation, unless the person is licensed as a mineral, oil, and gas broker or a real estate broker:
(a)
To sell or offer for sale, buy or offer to buy, solicit prospective sellers or purchasers, solicit or obtain listings, or negotiate the purchase, sale, or exchange of mineral, oil, or gas property.
(b)
To solicit borrowers or lenders for or negotiate loans on mineral, oil, or gas property, or collect payments for lenders in connection with these loans.
(c)
To lease or offer to lease or negotiate the sale, purchase, or exchange of leases on mineral, oil, or gas property.
(d)
To rent or place for rent, mineral, oil, or gas property or to collect rent or royalties from mineral, oil, or gas property or improvements thereon.
(e)
Other than as an officer or employee of the state or federal government, to assist or offer to assist another or others in filing an application for the purchase or lease of, or to locate or enter upon mineral, oil, or gas property owned by the state or federal government.

Legislative History

Amended by Stats. 1993, Ch. 416, Sec. 15. Effective January 1, 1994.